Your finances are complex
If you’re a mid-career executive, your pension and financial arrangements may well be complex. You could have built up a number of pensions from different employers over time, for example, together with investments in a range of funds.

Your biggest concern will be knowing whether you have planned adequately for your future and if not, what steps you need to take to meet your long term financial objectives.

Simplify your finances
By taking the time to understand your financial position fully and completely, we can develop a financial plan. Firstly, we will evaluate whether you are saving enough towards your retirement, and recommend alternatives if not. Secondly, we will consider how the changes in tax legislation, company pension schemes and the emergence of Self Invested Personal Pensions (SIPPs) will affect you. Thirdly, we will demonstrate how your investment portfolio can be simplified, if necessary, so that you gain a clear picture of your finances.

Minimise the impact of tax legislation
Understanding the impact of recent tax legislation is essential. If you earn more than £100,000 per annum you will be affected by the new tax rules, which become effective in April 2010. At Tower Hill Associates, we have devoted considerable resources in researching the new legislation and developing financial plans that minimise its impact.

Invest in Self Invested Personal Pensions (SIPPS)
With the new, more flexible pension rules, Self Invested Personal Pensions (SIPPs) will become more popular. While there are limits placed on total fund sizes, the rules do allow company and personal pensions to co-exist for the first time. We have extensive experience of SIPPs and can advise on whether one is appropriate for you.

To arrange a free consultation, please call one of our financial planning experts on 020 8891 6375